DraftKings Announces Sponsorship of Military Research Associate Program Developed by Kindbridge Research Institute

BOSTON, MA/ACCESSWIRE/November 18, 2022/ DraftKings Inc. (Nasdaq: DKNG) announced today that it will provide multi-year funding to the Kindbridge Research Institute (“KRI”) and will be the sole corporate sponsor of KRI’s Military Research Associate (“MRAP”) Program. , which helps veterans transition from military service to pursue advanced training in public mental health research. Sponsorship of DraftKings reinforces its commitment to a systems-based, public health-informed approach to responsible gaming – including support for evidence-based research.

“It’s a privilege to be able to play a leadership role in supporting the next generation of researchers while training veterans for new careers in concert with KRI,” said Chrissy Thurmond, Senior Director of Responsible Gaming at DraftKings. . “DraftKings has a long history of supporting the military community through its Tech for Heroes initiative and the SERVES corporate social responsibility program, which has previously provided support for KRI’s ongoing research designed to provide a solution to the lack information about problem gambling among veterans We will continue to look for ways to give back to service members, veterans and their families.

Designed to increase the number of veterans trained to work in mental health research and treatment, the program provides veterans leaving military service with valuable support in key areas, including building academic skills, such as academic writing, research and review of literature, design and execution of studies. , as well as writing academic and research CVs, which includes publishing peer-reviewed articles. Participants will spend two years in the KRI program to develop the advanced mental health research training needed to pursue graduate studies; during the first year, participants must publish at least one academic article in a peer-reviewed journal and present a poster or speak at an academic conference.

“We are thrilled to team up with DraftKings on this one-of-a-kind program. At KRI, we believe no one understands veteran mental health issues better than veterans themselves,” said Nathan DL Smith, Ph. D., Executive Director of KRI. “This program provides training and support for service members transitioning into public mental health professionals. The ultimate goal is to ensure those who have served in the armed forces have a voice in the discussion about veteran mental health. for generations to come.”

In 2021, DraftKings announced a multi-year financial commitment to KRI for an innovative research initiative designed to provide a solution to the lack of information about problem gambling among veterans, with the ultimate goal of advancing evidence-based research. in this area and to improve the lives of affected veterans. DraftKings is the only US-based gaming operator to contribute to the 50x4Vets program, which takes a cutting-edge approach by integrating into research the real, lived experience of individual veterans who seek hospital treatment in the States. -United.

Through the DraftKings SERVES corporate social responsibility program, which stands for Service, Fairness, Responsible Gaming, Vitality, Entrepreneurship and Sports, DraftKings responsible gaming goal is to foster safer gaming through technology, training personnel, education and resources for consumers, collaboration with external partners. stakeholders, and through the support of evidence-based research. DraftKings is proud to be the first US gaming operator to provide financial support to all US state councils and affiliates with the National Council on Problem Gambling through its State Council Funding Program.

Service is also a key pillar of the program, encompassing DraftKings’ commitment to those who have served in the military. DraftKings provides in-demand technical skills training to current and returning veterans, and their spouses, with the goal of helping them develop their abilities in their current role or find meaningful employment, or explore careers in technology, through its Tech for Heroes program. Since launching in 2018, DraftKings has hosted 21 Tech for Heroes training courses in six cities and online, with more than 600 veterans or military spouses trained, and $1 million raised through the support of its customers who participate in daily charity fantasy sports competitions. Additionally, DraftKings employees are invited to participate in a 1:1 career mentorship program in conjunction with American Corporate Partners.

To learn more about DraftKings’ commitment to responsible gaming and promoting social innovation around the world, please visit DraftKings SERVED To learn more about KRI, please visit kindbridgeinstitute.org.

About DraftKings

DraftKings Inc. is a digital sports gaming and entertainment company created to fuel the competitive spirit of sports fans with products ranging from everyday fantasy to regulated gaming and digital media. Based in Boston and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only vertically integrated sports betting operator based in the United States. DraftKings is a multi-channel provider of sports betting and gaming technology, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming in 5 states through its DraftKings brand, as well as Golden Nugget Online Gaming, an award-winning iGaming product and iconic gaming brand, in 3 states. DraftKings’ Sportsbook is live with mobile and/or retail betting operations in the United States in accordance with regulations in 20 states and Ontario, Canada. DraftKings daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. DraftKings is both an Official Daily Fantasy and Sports Betting Partner of the NFL, NBA, MLB, NHL, PGA TOUR and UFC, as well as an Official Daily Fantasy Betting Partner of NASCAR. Launched in August 2021, DraftKings Marketplace is a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary market transactions. DraftKings also owns Vegas Sports Information Network (VSiN), a cross-platform streaming and content company.

About the Kindbridge Research Institute

Kindbridge Research Institute (KRI), a registered non-profit organization, was founded in 2020 during the COVID-19 pandemic in response to increased demand for mental health services for gamers when in-person access to resources is n was no longer possible. KRI’s mission is to provide better access to high quality player care through telehealth.

Forward-looking statements

Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates” , “expects”, “expects”, “anticipates”, “expects”, “plans”, “intends”, “believes”, “seeks”, “may”, “will”, “should “, “future”, “proposes” and variations of these similar words or phrases (or negative versions of these words or phrases) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of DraftKings, which could lead to actual results or results. differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings’ filings with the Securities and Exchange Commission. DraftKings undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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